Report, IRGC, 2010
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IRGC defines as “emerging” a risk that is new, or a familiar risk that becomes apparent in new or unfamiliar conditions. Of particular interest to IRGC are emerging risks of a systemic nature, which typically span more than one country, more than one economic sector, and may have effects across natural, technological and social systems. With this report, IRGC aims to raise awareness among professionals about the fact that risks emerge from a common “fertile ground” that is cultivated by twelve generic “contributing factors”. IRGC defines and illustrates these factors in this report. The illustrations, which are drawn from real-world experience, trace how the contributing factors led new risks to emerge or be amplified at their early stages. IRGC’s twelve factors are all generic, in the sense that they are applicable across multiple domains, but, importantly for practitioners, under certain circumstances, some of them may be more controllable than others and are therefore ripe targets for risk management measures. IRGC has identified these factors as especially pertinent to emerging risks and assumes that an understanding of these factors will provide practitioners with insights to help anticipate these risks and better manage them at the early phase of their development.
Number of pages: 59 p.
ISBN: 978-2-9700672-7-6
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The Emergence of Risks: Contributing Factors (Report), IRGC, 2010 [PDF]
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